Hu's exit comes at a time when Ant Group is working on plans to shift to a financial holding company structure following regulatory pressure to subject it to rules and capital requirements similar to those for banks.
Mass products such as mutual funds do not work for the very rich. Welcome to the world of portfolio management services and alternative investment funds
HDFC Bank has managed to create massive wealth by focusing on retail banking, especially auto, gold and education loans. Expansion in rural markets helped in scaling up further
